Finance & Accounts Analyst

Posted 9 Days Ago
Be an Early Applicant
Bengaluru, Karnataka
1-3 Years Experience
Software
The Role
Detail-oriented Finance Analyst role at a rapidly growing startup in India. Responsible for managing and optimizing financial processes, ensuring compliance and efficiency in all operations. Key responsibilities include Procure To Pay, Order to Cash, Month Close, GST & TDS Compliance, Fixed Assets, and ICFR Compliance. Ideal for candidates with 1-2 years of experience or 7+ years with a Bachelor's degree in Finance or Accounting, preferably with startup experience.
Summary Generated by Built In

About Prophecy

Prophecy is a rapidly growing startup enabling all data users to visually build data pipelines with modern software practices including code on Github using its Low-Code Data Engineering Platform.

Prophecy is trusted by top Fortune 500 firms to replace their legacy ETL tools as they re-platform to the Cloud or Apache Spark. We're very well funded, backed by top VCs, and on the path to establishing ourselves as the leader on the cloud.

Prophecy is a Core Technology and Deep-IP company with engineering centered in India. Prophecy engineers often say that they have never worked in a more productive, higher-horsepower organization in their careers. The engineers love their work, are being challenged, and are doing the best work of their careers.


Position Summary

We are looking for a detail-oriented and proactive Finance Analyst to join our India Finance Team. The ideal candidate will manage and optimize our financial processes, ensuring compliance, accuracy, and efficiency in all financial operations. This role is pivotal in supporting our financial health and contributing to strategic decision-making.


What You'll Need/Do

Procure To Pay:

  • Manage and oversee procurement processes, ensuring cost-effective purchasing and maintaining relationships with vendors.

  • Negotiate contracts and terms with suppliers to secure the best deals for the company.

  • Process and monitor all payments, ensuring timely settlement of invoices and accurate record-keeping.

  • Account, Reconcile and Vendor Invoices.

  • Reconcile supplier statements and resolve any discrepancies.

Order to Cash:

  • Manage invoicing, collections, and receipt processing to ensure timely and accurate payment from clients.

  • Maintain accurate records of transactions and customer accounts

Month Close and Year End Procedures:

 

  • Execute month-end close procedures, including journal entries, reconciliations, and financial statement preparation.
  • Review and analyze financial data to ensure accuracy and completeness.
  • Prepare Balance Sheet Reconciliations on a periodic basis.
  • Coordinate and assist with year-end financial activities, including the preparation of financial statements and audit schedules.
  • Prepare detailed financial reports, including P&L, balance sheets, and cash flow statements

GST & TDS Compliance:

  • Manage the calculation and timely filing of GST and TDS returns.
  • Ensure compliance with all tax-related regulations and promptly address any issues that arise.
  • Ensure compliance with all relevant financial regulations, including GST, TDS, and other statutory requirements.

Fixed Assets:

  • Track and manage the company’s fixed assets, ensuring accurate records and appropriate depreciation schedules.

  • Conduct periodic reviews and audits of fixed assets.

ICFR Compliance

  • Prepare and present reports on the status of ICFR implementation, including progress, challenges, and key findings.

  • Monitor ongoing compliance with ICFR requirements and make recommendations for continuous improvement.

  • Collaborate with Statutory Auditors during audits of internal controls and financial statements.


Preferred Qualifications

  • CA with 1-2 Years of Experience OR Bachelor’s degree in Finance, Accounting with 7+ Years of Experience.

  • Experience within a startup environment.

  • Strong understanding of financial regulations, including GST and TDS.

  • Proficient in financial software and Microsoft Excel.

  • Excellent analytical and problem-solving skills.

  • Strong attention to detail and ability to work under tight deadlines.



What You'll Have At Prophecy

  • Great company culture.

  • Competitive compensation.

  • Fair and Open Equity awards for everyone.

  • Amazing work.

  • Private medical insurance.

  • Manage your own growth and career.

  • Experience building a transformative product.

  • High learning opportunity.

  • End-to-end ownership of your project.

  • Our Commitment to Diversity and Inclusion


Our Commitment to Diversity and Inclusion

At Prophecy, we hire for merit and foster an inclusive culture where people from diverse backgrounds can excel and do their best work. We take great care to ensure that our hiring practices are inclusive and meet equal employment opportunity standards. Individuals looking for employment at Prophecy are considered without regard to age, color, disability, ethnicity, family or marital status, gender identity or expression, language, national origin, physical and mental ability, political affiliation, race, religion, sexual orientation, socio-economic status, veteran status, and any other protected characteristics under applicable laws.

The Company
HQ: San Francisco, CA
94 Employees
On-site Workplace
Year Founded: 2017

What We Do

Prophecy.io is the only low-code data engineering platform. Prophecy democratizes the development and deployment of high-quality data pipelines, uniquely combining visual development with agile software engineering best practices. The developed code is open source and is targeted at Apache Spark & Apache Airflow. Prophecy is headquartered in Silicon Valley.

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